Machine Learning Keeps the Supply Chain Going

If you think about it, we are all part of a supply chain -- as producers, consumers or distributors, often playing multiple roles. It should not surprise anyone that Artificial Intelligence has a role here too. Now, supply chain management is nothing new, even if the term itself was coined relatively recently, in the 1980s. Supply chain management traces its roots to the early 20th century, when the development of the assembly line necessitated a new system to manage the flow of raw materials and finished goods. Although the science (and art) of supply chain management remains primarily concerned with this, the business landscape has evolved significantly. The increase in international trade, shift towards just-in-time production, and rise of e-commerce are just some of the factors that have changed how the game is played.